HELP!
Good morning all,
I am seeking advice! I'll make a long story short. I took out a loan when I initially quit my job for about 35k which was extremely dumb. I thought I wasnt going to have enough money to last until my next job and I ended up blowing it. The plan now is to pay it off in 7-9 months which takes way to long. Im military and was going to get out for good however, its offering a bonus for 25k +10k if you go to a certain unit. Im saying all this because I am an aspiring real estate investor I bought my first duplex at 24 and they have this single family home that has alot of room that I really want. I quit my job because I got accepted into another position within the company but they didnt let me go because I havent been my current position long enough. The main downside of the military is 3 year commitment. If you've been keeping up with the news you'll understand. Im currently 25 and work for a Congressman. The amount that touches my bank account per year is just a tiny bit above 100k. I also dont have any 401k plans besides the TSP. My position only lasts 2 years but im not worried about a job the connections have been fantastic being only 2-3 weeks in.
Im impatient and dont want to wait 7-9 months. I want to buy my property, collect the compounding interest of life.
Please tell me your thoughts and opinions and what you would do.
Thank you all so much!